Nano Token (NANO) is a rebranding of RaiBlocks. The NANO cryptocurrency has a new block structure and PoS-delegated voting, each user has his own personal block-chain, volumetric instantaneous speed and non-commissioned transactions and unlimited scalability. Each user has its own block-chain, allowing them to be updated asynchronously for the rest of the network, which leads to quick transactions with minimal costs. The network does not require high resources, or powerful equipment for data mining and can handle high transaction throughput.
Nanotokens run on a scrypt algorithm and have 90-second blocks and a total circulation of 80 million.